SMU Data and Models
April 12, 2018
SMU Index: Mild Decrease in Service Center Inventories
Written by John Packard
As Steel Market Update analyzed the inventory data received from flat rolled steel distributors, we found the number of months of supply that steel service centers are carrying was lower at the end of March than what we reported at the end of February. With 96 percent of our data providers reporting, the number of months of supply dropped from 2.8 months to 2.7 months.
What we found interesting as we analyzed the data is the adjustments, whether up or down, were modest with most distributors reporting changes of 0.25 of a month or less.
